Indiana Real Estate Managing Broker Eligibility requirements

Follow these steps in order. Deadlines and affiliation requirements can make a passed exam unusable if they are missed.

1. 1

   Hold an active Indiana broker license for three years

   Entry was the 90-hour Pearson path. Confirm with PLA how years are counted; unassigned or inactive years may not count.

2. 2

   Complete the 24-hour managing-broker course

   Commission-approved. Upload the certificate on the Managing Broker Eligibility action item. It is not the 30-hour postlicensing and not the 4 annual CE hours.

3. 3

   Take the Pearson ReIN-Broker exam ($55) and upload the pass sheet

   PLA: this is the broker exam. 145 questions, 240 minutes, scaled 75. The designation is then added. IdentoGO if new fingerprints are required.

Minimum age

18 years old

Identification

A Social Security number is required. An ITIN is not confirmed as a substitute.

Residency and identification

At least three years of active Indiana broker licensure (PLA Managing Broker Eligibility Information). PLA's wording is "in the State of Indiana," so confirm in writing with PLA whether any out-of-state years count before paying for the 24-hour course.

Qualifying education

PLA: complete a 24-hour managing broker course, upload the certificate, and make sure your Education History is updated. This is in addition to the 90-hour entry broker course you already completed. Confirm the current hour count on the PLA managing-broker page before paying a school that quotes a different number. The 24-hour course is not the 30-hour postlicensing (due in the first two years of the broker license) and not the 4 annual managing-broker CE hours.

Character review

Same Commission character review as entry brokers. Positive-response documentation if any criminal-history / discipline question is yes.

Background process

IdentoGO after application if new fingerprints are required. Fingerprints taken before the application still do not count.

Experience

At least 3 years of active broker licensure in the State of Indiana (PLA). Confirm with PLA how years are counted (full-time vs. licensed time, unassigned vs. active) before assuming inactive years qualify.

Broker affiliation

A managing broker may qualify a broker company ($50 original) and supervise associated brokers. Firm licensure is a separate PLA license: articles of incorporation/existence plus a designated managing broker who holds Managing Broker Eligibility. Notify PLA of any managing-broker change at [email protected]. Branch offices designate an associated broker or the managing broker as branch manager; the PLA fee table lists no branch fee.

Pearson VUE, same ReIN-Broker series as entry (handbook #091500). PLA: "This is the Broker Exam." · Fee: $55

Same $55 ReIN-Broker exam as entry. PLA emails Pearson registration information after you file the Managing Broker Eligibility application. Upload the pass sheet once you have it. There is no separate series. If PLA later publishes a different handbook, follow it; until then, the exam is ReIN-Broker 145 / 240 / 75 / $55.

These are commission or testing-vendor amounts we can cite. School tuition and optional preparation products are private-market prices.

The $55 Pearson ReIN-Broker exam is required for this designation. Broker license renewal remains $60 every three years. Company original $50. The PLA fee table lists fees for Broker, Broker Company, and Instructor, but not a separate "managing broker license" fee, because this is an eligibility designation on an existing broker license. Check MyLicense One for any separate managing-broker eligibility fee.

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  Skipping Pearson because a blog said "course only"

  PLA's managing-broker page says to take and pass an examination through Pearson VUE: "This is the Broker Exam." Handbook table: ReIN-Broker 145 / $55.

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  Relying on an Illinois managing-broker license

  Different regulator, hour count, exam vendor, and licensing-history rule.

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  Getting fingerprinted before the managing-broker application

  The same rule as at entry applies: prints dated before the application are invalid. Wait for PLA's instructions.

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  Counting the 24-hour course as the 4 annual managing-broker CE hours

  876 IAC 7-5-2 requires those 4 hours in each CE year once you act as a managing broker. The 24-hour course is the one-time eligibility requirement.

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  Counting unassigned or inactive years toward the three years

  PLA says to hold an active broker license for at least 3 years in Indiana. Confirm how years are counted, in writing, before you pay for the 24-hour course.

Any endorsement path is published by the Commission. An Illinois managing-broker license is not an Indiana managing-broker designation. Out-of-state brokers typically obtain the Indiana broker license by endorsement (state portion) first, then later meet the three-years-in-Indiana and 24-hour requirements, unless PLA tells you otherwise in writing for your file.

Indiana vs neighboring states

Hours are the pre-license total printed in each guide; states that count credits or named courses show “See guide.” Published state fees add the application, exam, initial-license, and fingerprint amounts the guide can cite — tuition is not included.

Does Indiana issue a salesperson license?

No. Entry is broker. This guide covers managing-broker eligibility, a later designation on that broker license.

Is there a second Pearson exam?

PLA and handbook #091500 both require ReIN-Broker (145 questions, 240 minutes, $55, scaled 75), plus a 24-hour course and three years. You take the broker exam again; it is not a new series, and the course alone is not enough.

Is this the same as Illinois managing broker?

No. Illinois builds on a broker entry license through IDFPR, with PSI and a 45-hour course. Indiana licenses brokers only, uses Pearson at entry and again for this designation, and requires 24 hours and three years in Indiana.

What CE applies once I am a managing broker?

Still 12 hours per July 1–June 30 CE year, but 4 of those 12 must be managing-broker CE in any CE year you act as a managing broker for any period of time (876 IAC 7-5-2). The 24-hour course you take before the designation does not count as those 4 hours.

Do I need a company license?

To supervise other brokers, you need a broker company ($50 original) with a designated managing broker who holds this eligibility. A managing broker practicing as a sole proprietor is set up differently. Branch offices have no application fee on the PLA fee table.